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Updated almost 2 years ago,
Alton, TX multi family investment
Hello, I have been approached by a realtor about investing in Alton, TX. I have properties in Mcallen and they have done ok. I have no clue about Alton, TX. This is a new construction 4plex with rent possibilities of 1400-1600/unit and an asking price of $500K-$540k. I did talk to a few ppl and the feedback I got is crimes are high, and a lot of illegal and gang-related activities. I am not trying to bad mouth the place or jump to conclusions. I am sharing the feedback I received from a local person who lives there. Any input would be appreciated. Any input would be appreciated.
REgards
RD